Canada: Plywood Market 2023

Plywood Market Size in Canada

The Canadian plywood market was estimated at less than $X in 2021, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern.

Plywood Exports

Exports from Canada

In 2021, plywood exports from Canada amounted to less than X cubic meters, standing approx. at 2020 figures. Over the period under review, exports saw a relatively flat trend pattern.

In value terms, plywood exports stood at less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern.

Exports by Country

The United States (X cubic meters) and the UK (X cubic meters) were the main destinations of plywood exports from Canada.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +15.3%).

In value terms, the largest markets for plywood exported from Canada were the United States ($X) and the UK ($X).

The United States, with a CAGR of +13.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average plywood export price stood at less than $X per thousand cubic meters in 2021, approximately reflecting the previous year. Overall, the export price showed a relatively flat trend pattern.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per thousand cubic meters), while the average price for exports to the United States stood at $X per thousand cubic meters.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.2%).

Plywood Imports

Imports into Canada

In 2021, approx. less than X cubic meters of plywood were imported into Canada; approximately equating 2020 figures. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, plywood imports totaled less than $X in 2021. Over the period under review, imports saw a relatively flat trend pattern.

Imports by Country

China (X cubic meters), the United States (X cubic meters) and Russia (X cubic meters) were the main suppliers of plywood imports to Canada, together comprising 43% of total imports. Brazil, Spain, Vietnam and Chile lagged somewhat behind, together accounting for a further 57%. Moreover, plywood imports in China exceeded the figures recorded by the second-largest supplier, the United States, twofold.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +40.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Russia ($X) constituted the largest plywood suppliers to Canada, with a combined 43% share of total imports. Brazil, Spain, Chile and Vietnam lagged somewhat behind, together comprising a further 57%. Moreover, plywood imports in China exceeded the figures recorded by the second-largest supplier, the United States, twofold.

Vietnam, with a CAGR of +34.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average plywood import price amounted to less than $X per thousand cubic meters, approximately mirroring the previous year. In general, the import price showed a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per thousand cubic meters), while the price for Spain ($X per thousand cubic meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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